If you operate a medical or recreational marijuana business in the United States then you know that the Federal Government has NOT opened the doors to your business for banking or accepting credit cards. That is partially changing now with our new credit card processing solution and our Working Capital program.

For the Working Capital program we will look at either the business bank statements, the owners personal bank statements or the monthly/quarterly tax payments made to the Dept of Revenue and the IRS to determine your company's annual revenue and the loan amount your business qualifies for receiving. Rates start as low as 18% and may go up to 49% based on the owners personal credit if there is no business credit. Terms can be as short as 3 months or up to 24 months. Working Capital loans are available in the USA and Canada. (Call for restrictions)

For our merchant processing solution we will process virtually all types of credit cards and deposit funds directly into your business or personal bank account.

Each approved MMJ/RMJ merchant will be shipped a pre-programmed Android Tablet (swipe capable and reporting capable) with a stand-alone printer. If the MMJ/RMJ merchant also does deliveries, their Tablet will need to be mobile enabled, which will carry an additional nominal fee per month.

Medical Marijuana has been legalized by several states and two have decriminalized the possession and recreational use. Even though he doesn't see marijuana on the same level as alcohol, the current Drug Czar does think the administration should look at marijuana as more of a public-health issue. So we have reached out to our non-institutional and institutional underwriters to find out how we can provide commercial mortgages and leases on equipment for this growing industry and happy to say we have at least one commercial mortgage underwriter and one leasing underwriter that will lend to this industry. We can only assume that with each state legalizing its use for medicinal purposes we will be able to spread across the country with these programs. For more information and a confidential interview please contact Steve Felt at steve@creativebusinessfinance.com or (720) 496-6353.

*Disclaimer: CBF is a private capital intermediary, we use our resources to connect our clients with the best private lender or specialty finance company for their specific situation. CBF is not a law firm or accounting firm and doesn't provide tax and/or legal advice. Our address is 7830 W. Alameda Ave, Suite 103 #252 Lakewood, CO 80226.